@article{jaffe2010linear, author = {Jaffe, Sonia and Weyl, E. Glen}, title = {Linear Demand Systems are Inconsistent with Discrete Choice}, year = {2010}, month = {December}, abstract = {We show that with more than two options, a discrete choice model cannot generate linear demand. In doing so, we demonstrate a prediction of such discrete choice models that is falsifiable based on local second-order properties of demand.}, url = {http://approjects.co.za/?big=en-us/research/publication/linear-demand-systems-are-inconsistent-with-discrete-choice/}, pages = {1-8}, journal = {B. E. Journal of Theoretical Economics (Advances)}, volume = {10}, number = {1}, }